Republic of Nauru

International Monetary Fund. Asia and Pacific Dept
2020 IMF Staff Country Reports  
Nauru is at a point of transition, given the continued decline in both phosphate mining and activity associated with the Regional Processing Centre (RPC) for refugees and asylum seekers. Nauru remains vulnerable to climate change and has a narrow economic base and limited capacity. Development challenges are increased by unavailability of land and high incidence of non-communicable diseases (NCDs). This is the second Article IV Consultation since Nauru became the 189th Fund member in April 2016.
doi:10.5089/9781513528434.002 fatcat:4ikjqph5erbndnom5kch2wbztm